Kindly post any contradictory "Regulator message" which stipulates Lenders are authorized to hire duhpraisers who need "training" by the Lender - or a Lender's AMC Agent. Thanks.
"The appraiser
selected to perform an appraisal holds the appropriate state certification or license at the time of the assignment. Persons who perform evaluations
should possess the appropriate appraisal or collateral valuation
education, expertise, and experience relevant to the type of property being valued. Such persons may include appraisers, real estate lending professionals, agricultural extension agents, or foresters.31
An institution’s selection process should
ensure that a qualified, competent and independent person is
selected to perform a valuation assignment.
An institution should maintain documentation to demonstrate that the appraiser or person performing an evaluation
is competent, independent, and has the relevant experience and knowledge for the market, location, and type of real property being valued.
If an institution establishes an approved appraiser list for selecting an appraiser for a particular assignment, the institution should have appropriate procedures for the development and administration of the list. These procedures should include a process for
qualifying an appraiser for initial placement on the list, as well as periodic monitoring of the appraiser’s
performance and credentials to assess
whether to retain the appraiser on the list."
http://www.occ.gov/news-issuances/news-releases/2010/nr-ia-2010-138a.pdf